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AMC Entertainment: 1Q Earnings Snapshot

LEAWOOD, Kan. (AP) _ AMC Entertainment Holdings Inc. (AMC) on Thursday reported a first-quarter loss of $130.2 million, after reporting a profit in the same period a year earlier.

The Leawood, Kansas-based company said it had a loss of $1.25 per share. Losses, adjusted for non-recurring costs, were $1.21 per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 51 cents per share.

The movie theater operator posted revenue of $1.2 billion in the period, which matched Street forecasts.

AMC Entertainment shares have climbed 19% since the beginning of the year. The stock has fallen 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMC at https://www.zacks.com/ap/AMC